MiddleSex Holdings is a diversified international company, operating in
primary industries (steel, non-ferrous metals and energy), financial
service and agriculture. Additionally, the company has trade investment
in gold and insurance businesses. It is principally engaged in the
emerging economies of the Commonwealth of Independent States (CIS) and
Central Asian republics.
The History and Profile of MiddleSex plc.
MiddleSex was founded in 1984, and originally was a small Welsh
goldmining company called Ferromet that Mainly could be described as
defunct company with a loss about 12m by the year 1991. At that stage,
the shares of the company were about .25p in the in the wake of the
disastrous career. Then in 1992 Phil Edmonds, the former English
cricketer, bought this company and renamed it after at his countryside.
But the company didn’t involve into its present shape until 1993, when
Masoud Alikhani joined the board and reversed his Russian businesses
into the company. Since then, MiddleSex has remained committed to Russia
and other CIS countries.
Over the last four years, MiddleSex has built up an impressive asset
portfolio, developed extensive experience and knowledge of Russian
industry and its Business etiquette and expanded its network of proven
contacts. MiddleSex has secured itself a fundamental and strategic role
in a number of core industries and is now focusing on five business
Steel (and direct reduced iron);
Non-ferrous metals (nickel);
Financial services ;
In addition, it has trade investment in gold and insurance.
(Each of this these streams in particular I’m going to describe later on
in my research paper. )
1996 proved to be a significant year for MiddleSex, in which the company
experienced strong growth. This is particularly evident in the metals
businesses, with steel being the fastest growing activity. Moreover, it
has become apparent that nickel and the agribusiness could take on a
more significant role in the MiddleSex’s future. Other noteworthy event
include the company’s appointment to GAZPROM, the world’s largest
natural gas producer, under which MiddleSex will assist GAZPROM with its
financial strategy. (In short words : GAZPROM is considering going ahead
with an innovative financial deal whose first stage will involve issuing
a Eurobond. MiddleSex - together with Interfin Services, a Russian trade
finance house that is also involved in capital markets - will advise
GAZPROM on dealing the financiers and on strategies for fundraising.
But, again, I’m going to explain in more details later on how this
alliance was built and what particularly this alliance means for
MiddleSex, because I think that this is the very important stage of the
Success of every company lies in its people.
Since 1993, the main driving force behind the company has been its
Chief Executive, Masoud Alikhani. Born in Iran and educated at the
Hebrew University of Jerusalem in Israel, Mr. Alikhani’s work experience
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